Forbes is an American business magazine according to which we are giving information about the Top 10 Youngest Billionaires in the world. This magazine is published 8 times a year. It contains articles on finance, industry, investment, and marketing topics. It also reports on related topics such as communications, science, politics, and law.
Friends, every person in this world is endowed with some unique talent. Some people learned about it in their initial years and some in the last days of their life. There are only a few people in the world who want to become a singer, actor, doctor, engineer, or businessman in their life, and with the right education and investment, only those people can achieve their dreams.
Some of these people become rich in just a few years, and it may take someone almost their entire life to become rich. The world is full of the youngest people who have earned huge amounts of money, some of them have made their money on their own, and some have inherited so much wealth from their families.
Note: The list of youngest billionaires could change time by time; we tried our best to accumulate the exact list at the time of writing/updating the list.
List Of Youngest Billionaires In the World 2023
1. Clemente Del Vecchio
Clemente Del Vecchio became the world’s youngest billionaire at the age of 18 following the death of his father in 2022. According to Forbes magazine, he is considered the number 1 billionaire among the top 10 youngest billionaires in the world today.
He is the owner of EssilorLuxottica, the world’s largest glasses company. He is one of six children of the company’s late chairman Leonardo Del Vecchio (d. 2022). This company owns Ray Ban among other eyewear brands.
- Age: 18
- Net worth: $3.7B
He inherited his father’s 12.5% stake in Luxembourg-based holding company Delfin, which also holds stakes in various companies such as insurance company Generali, bank Mediobanca and UniCredit, and real estate developer Covivio, among others the eyewear brand. He is currently living in Italy.
2. Kevin David Lehmann
Kevin David Lehmann was the youngest first billionaire in 2022. But this year he is at second place in the list of youngest billionaires.
Kevin David Lehman’s fortune has grown from a combination of family money and investments. And his net worth comes from owning a 50% stake in a German drugstore chain called DM (Drogerie Markt).
His father was a businessman and had invested heavily in a drugstore chain. He then transferred his share of the company to his son. Interestingly, neither he nor his father ever had any role in the operation and management of the company. They were only investors.
- Net worth: $2.4 B
- Age: 20
3. Luca Del Vecchio
Luca is the brother of Clemente Del Vecchio (number one on the top 10 Youngest Billionaires list) and one of six children of Leonardo Del Vecchio, the late chairman (d. 2022) of EssilorLuxottica, the world’s largest glasses company.
He inherited his father’s 12.5% stake in Luxembourg-based holding company Delfin, which includes stakes in various companies such as insurer Generali, bank Mediobanca and UniCredit, and real estate developer Covivio, the world’s leading eye-wear brand.
- Net worth: 3.7 B
- Age: 21
4. Alexandra Andresen
Alexandra Andresen is a Norwegian who is the daughter of Johan H. Andresen Jr., a billionaire who currently owns several businesses in Norway. He is the owner of a finance and investment company called Ford.
Alexandra Andresen became the youngest female billionaire in 2016 and is still alive today. When her father transferred his company’s stake 50%-50% to both his daughters. His sister Katrina is also included in the list of youngest billionaires.
- Net worth: $1.5B
- Age: 26
5. Leonardo Maria Del Vecchio
This Leonardo Luca del Vecchio is the half-brother of Clemente del Vecchio and Luca del Vecchio, who comes third and first in the list of the top 10 youngest billionaires Leonardo del Vecchio, late chairman of the world’s largest glasses company Essilor Luxottica (d. 2022) Vecchio is one of six children.
She inherited her father’s 12.5% stake in his Luxembourg-based holding company, Delphin, upon his death. He serves as the Chief Strategy Officer of EssilorLuxottica. He is also the CEO of eyeglasses retailer Salmoiraghi & Viganò, which was acquired by EssilorLuxottica in 2016.
- Net worth: 3.7 B
- Age: 28
6. Katharina Andresen
Katharina Anderson is the elder sister of Alexandra Anderson and is the fourth youngest billionaire in the list of Top 10 Youngest Billionaires. The Norwegian heiress inherited a huge fortune when her father distributed a 42% stake in the family-owned investment business, “Fred”.
The Andersen family is famous for its tobacco business in Norway. The family sold its stake in the tobacco business in 2005.
- Net worth: $1.5 B
- Age: 28
7. Ryan Breslow
Ryan Breslow is a successful entrepreneur who started several companies, including Bolt, Echo, Love, and The Movement. He dropped out of Stanford to pursue his entrepreneurial dreams. He is the only self-made billionaire on the list.
His company Bolt is valued at $11 Billion and he offers 4 day work week to all his employees. His personal net worth is $1.1 Billion.
- Net worth: $1.1 B
- Age: 29
8. Gustav Magnar Witzoe
Gustav Magnar Witzøe is a Norwegian billionaire who owns a large share of Salmar ASA, one of the world’s largest salmon producers. His father gave him the shares in 2013.
Salmar was founded in 1991 by Gustav Witzoe Sr., and it has played a major role in making Norway a leader in fish farming. Gustav Witzoe Sr. is still the CEO of Salmar, and he is responsible for its continued success.
In the meantime, Gustav Magnar Witzøe is forging his own path, diversifying his investments into real estate and tech startups.
- Net worth: $3.3 B
- Age: 30
9. Stanley Tang
Stanley Tang is one of the co-founders of DoorDash, a popular food delivery app. Which has become a household name globally. He helped start the company and make it successful.
Stanley Tang is a co-founder of DoorDash, a popular food delivery app. Under his leadership, DoorDash has made it easy for people to order food from their favorite restaurants and have it delivered right to their door. DoorDash has also helped to create jobs for thousands of delivery drivers.
DoorDash has grown rapidly in recent years, and it is now one of the leading food delivery apps in the world. This is due in part to Tang’s leadership and innovation.
He holds approximately a 4% ownership stake in DoorDash, a company that made its debut on the New York Stock Exchange in early December 2020.
- Net worth: $1 B
- Age: 30
10. Mark Mateschitz
Mark Mateschitz, the sole heir of his late father, Austrian billionaire Dietrich Mateschitz, holds a substantial 49% stake in Red Bull, the iconic energy drink company co-founded by his father in 1987. This inheritance of a significant ownership share followed the passing of Dietrich Mateschitz in October 2022 at the age of 78.
Red Bull is a very popular energy drink company. In 2022, it sold over 11 billion cans of its drink worldwide. This is enough caffeine to give everyone in the world a can of Red Bull.
Marc Mateschitz is the son of the late Dietrich Mateschitz, co-founder of Red Bull. Following his father’s passing, Mark stepped down as head of organics at Red Bull to focus on his role in the $10 billion (2022 sales) enterprise as a shareholder in the company.
- Net worth: $33.6 B
- Age: 31
The above data is updated as per Forbes Real Time Billionaires List as of October 2023.
FaQs Youngest Billionaires in the World 2023
2023 का सबसे कम उम्र का अरबपति कौन है?
वॉलमार्ट के उत्तराधिकारी लुकास वाल्टन अब 37 साल की उम्र में सबसे कम उम्र के हैं। उनके पिता जॉन वाल्टन की 2005 की विमान दुर्घटना में मृत्यु के बाद उन्हें अरबों डॉलर विरासत में मिले।
Who is the youngest billionaire in India 2023?
Nikhil Kamath, co-founder of Zerodha, is officially the youngest billionaire at 37.
Who is the youngest billionaire of 2023?
Walmart heir Lukas Walton is now the youngest of all, at age 37. He inherited billions after his father, John Walton, died in a 2005 plane crash.
What is the rank of Ratan Tata in India?
He was ranked at 421 on the list of richest Indians, as per IIFL Wealth Hurun India Rich List 2022. As per the ranking, he stood at 433rd position, with Rs 3,500 crore in net wealth in 2021.
Who is the 19 year old billionaire in India?
#Unstoppable21 – Meet Kaivalya Vohra, Co-founder of Zepto & India’s youngest billionaire at 20 – YouTube. Kaivalya Vohra’s journey from a Stanford dropout to India’s youngest billionaire with Zepto is a tale of remarkable determination.
How many Indians are billionaires?
As of April 2023, India has 167 billionaires, which put the country third in the world, after the United States and China.